Fixed Rate Period definition

Fixed Rate Period has the meaning assigned to it in Section 2.10(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Fixed Rate Period has the meaning provided in Section 3.02(e)(i).

Fixed Rate Period means any period during which Bonds bear interest at a Fixed Rate, which period shall commence on the effective date of a Change in the Interest Rate Mode to a Fixed Rate, and shall extend through the day immediately preceding the Stated Maturity.

Examples of Fixed Rate Period in a sentence

Interest during the Initial Fixed Rate Period shall be calculated on the basis of a 360-day year divided into twelve months of 30 days each and, in the case of an incomplete month, on the basis of the actual number of days elapsed in such period.
Interest during the Reset Fixed Rate Period shall be calculated on the basis of a 360-day year consisting of twelve 30-day months and, in the case of an incomplete month, on the basis of the actual number of days elapsed in such period.
The interest rate during the Reset Fixed Rate Period will be reset on the Reset Determination Date.
Interest accrued during the Initial Fixed Rate Period shall be payable semi-annually in arrears on February 17 and August 17 of each year (each, a “Fixed Rate Interest Payment Date”), commencing on February 17, 2027.
The amount of interest payable on any Fixed Rate Interest Payment Date during the Fixed Rate Period will be computed on the basis of a 360-day year consisting of twelve 30-day months up to, but excluding September 1, 2031, and, the amount of interest payable on any Floating Rate Interest Payment Date during the Floating Rate Period will be computed on the basis of a 360-day year and the number of days actually elapsed.

More Definitions of Fixed Rate Period

Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

Fixed Rate Period means the period beginning on the date of this Note and continuing through November 30, 2015.

Fixed Rate Period means the period from (and including) the Issue Date, to (but excluding) May 24, 2026.

Fixed Rate Period means the period commencing on and including the Original Issue Date and continuing to, but excluding, the Dividend Payment Date on April 6, 2024.

Fixed Rate Period means the period (if any) from and including the Fixed Rate Period Start Date to and including the Fixed Rate Period End Date;

Fixed Rate Period is the period or periods of (a) one month; or (b) any other shorter period which ends at the Maturity Date, which periods are selected by Borrowers and confirmed in a Fixed Rate Notice; provided that no Fixed Rate Period shall extend beyond the Maturity Date.

Fixed Rate Period means, in relation to any Fixed Rate Mortgage Loan or other Mortgage Loan offered with a Fixed Rate, the period agreed between the Borrower and the Seller or Administrator (as applicable) as set out under the terms and conditions of such Mortgage Loan during which the interest rate applicable to such Mortgage Loan will remain fixed;